The 1inch Network launched a new investment tool called 1inch Earn, in hopes of incentivizing liquidity providers. The protocol asserted in a press release shared with CryptoPotato that the new feature will provide more efficient use of capital compared to AMM pools.
How Does 1inch Earn Liquidity Pool Work?
A set of liquidity pools optimized for stablecoins, 1inch Earn’s operating model is similar to Uniswap V3 range orders. “Earnings come from fees on swap trades in the pool,” says the press communiqué from 1inch Network.
Individual users, algorithmic trade bots, and arbitrage traders will perform the swaps. 1inch Earn provides “deep liquidity at any point” because of its integration in the 1inch Pathfinder algorithm.
The DeFi protocol said the earnings from the new investment tool would be “in the range of 5-10% APY” at the time of its launch. Later, the profitability will depend on how the market behaves.
The concept of 1inch Earn has been in practice in the 1inch Net
We współpracy z: https://cryptopotato.com/1inch-network-debuts-earn-pool-for-liquidity-providers/
